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ten, 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to credit card customers. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007. the power steering might come loose and leak fluid causing a fire. only one fire has been reported thus far. honda will replace the hoses for free but won't have replacement parts avai
ten, 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through...
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this is a tax in and of itself. >> reporter: on health care -- >> i don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: in the role of government -- >> the federal government has the capacity to help open up opportunitand create ladders of opportunity and to create ameworks where the american people can succeed. >> reporter: the 90 minute debate moderated by jim layer was the first opportunity for the candidates to go head-to- head. at times it was heated. >> solyndra and tester and inner one. i had a friend who said you don't just pick the winners and losers, he picks losers. >> for 18 months he's been running on the tax plan and now five weeks before the election he's saying the big bold idea is never mind. >> reporter: there was this memorable moment. >> 20 years ago i became the luckiest man on earth because michelle obama agreed the marry me.
this is a tax in and of itself. >> reporter: on health care -- >> i don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obamacare instead of fighting for jobs for the american people. >> reporter: in the role of government -- >> the federal government has the capacity to help open up opportunitand create...
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at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small bi businesses 18 times. what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. but i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to boot. and the reason this is important is because by doing that, we cannot only reduce the deficit, we cannot only encourage job growth through small businesses, but we're able to make the investments that are necessary in education, or in energy. and we do have a difference, though, when it comes to definitions of small business. under my plan, 97% of small businesses would not see their income taxes go up. governor romney says, well, the top 3%, they're the job creators, they'd be burdened. but under governor romney's definition, there are millionaires and billionaires who are small business. do
at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small bi businesses 18 times. what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. but i have said that for incomes over $250,000 a year, that we should go back to the rates that we had when bill clinton was president, when we created 23 million new jobs, went from deficit to surplus and created a whole lot of millionaires to...
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. >> how they can justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close, which means every word and gesture tonight could impact the election. brandi hitt, abc news, denver. >> thanks to brandi hitt. abc's coverage of tonight's debate begins at 9:00 eastern, 6:00 pacific. >>> now, we turn to the trouble at american airlines. and actually progress on two fronts this morning. there is new movement in the bitter labor dispute between the airline and its pilots union. and also, the mystery of the seats that came loose during three, separate flights may have been solved. abc's tahman bradley is tracking all of the developments. good morning, tahman. that safety issue with those loose seats. what are we hearing now?
. >> how they can justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close,...
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tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen. after
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth...
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said his rival doesn't have the right solutions and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle-class. >> now, five weeks before the election he is saying his big bold idea is never mind. >> reporter: the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare. it has killed jobs. >> reporter: but the president tried to bring it back to romney's own health care law which he says is quite similar. >> governor romney did a good thing working with democrats in the state to set up what is essentially the identical model. it hasn't destroyed jobs. >> reporter: there were few fireworks and there were even fewer surprises. both candidates were deliberate going through their policy points. rob, paula, at times that made it seem look they were more concerned with getting through their checklist than really connecting with voters watching at home. >> all right, karen. a moment when they were
said his rival doesn't have the right solutions and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle-class. >> now, five weeks before the election he is saying his big bold idea is never mind. >> reporter: the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cuts $716 billion from medicare to pay for it. i want to put that money back in medicare. it has killed...
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and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting the president would make excuses because he can't defined his record. he joins us from denver, good evening mr. chairman. tell me have you spoken to governor romney since the debate? >> i. i can tell you he was smiling and happy with how things went tonight. tonight was a historical night. and this is a sense that that is shocking. the performance but there is a problem for governor and drk-excuse me, the president, mitt romney was ready, and prepared. and he was ten yaishis and respectful. the president meande
and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting...
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. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed to be very much a referendum on president obama. and mitt romney presented himself as a credible alternati alternative. george? >> that's what mitt romney wanted. >>> let's get the view from the romney camp right now. david muir covers the romney campaign. and as we said, the polls giving mitt romney the win overnight. clearly, the romney team is happy. how do they capitalize on it going forward? >> reporter: i have to tell you, george, in talking with a key adviser overnight, one of the things i was struck by was he said our supporters are going to love this. you can't underestimate what he m
. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed...
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without &pbeinn regulated - owners aren't ppying taxes... competition with casinos and lotterr retailers who follow revenue goes to the taxpayers. ii doens't go ouu to help gamblers annonymous. t doesnn' bring revenue to he state. it actually steals money from the staae because to a leeal lottery agencc t a restaurant or a bar and they are losing money."delegateepaa mmdonough doesn't understand sweepstakes games yet.- &pbeing asked to approve expanded gambling....00:23:56 "i'm here today to ssa ' govvrnor and exforcement officials' get off your utts and go to work."police in baltimore cityysent warning but thh operator of this ss... faciliiy has filed suit - in an effort to keep his gaming machines.ss enforcement is on hold - for nowwmelinda roeder - fox 55 a circuittcourt hearing on thee tomorrow. straighh ahead... a major credit carr company... targeted for its deceptive prac. &ppractices.the big bucks many americans can expeet to get back, ((break 3)) 3 aú aúst week -- diicover issued a multi-million dollar refund to week -- american ex
without &pbeinn regulated - owners aren't ppying taxes... competition with casinos and lotterr retailers who follow revenue goes to the taxpayers. ii doens't go ouu to help gamblers annonymous. t doesnn' bring revenue to he state. it actually steals money from the staae because to a leeal lottery agencc t a restaurant or a bar and they are losing money."delegateepaa mmdonough doesn't understand sweepstakes games yet.- &pbeing asked to approve expanded gambling....00:23:56 "i'm...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax -- it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles simpson, by the way. get the rates down, lower deductions and exemptions, to create more jobs, because getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would just say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense, over ten years, that's more than our entire defense b
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax -- it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles...
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expected to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> mat
expected to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems...
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the real mitt romney's been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. >> reporter: many supporters asking, why wasn't the president tougher? why no mention of romney and his comments about the 47%? the people romney said he could never convince to take personal responsibility. romney offering new explanation for those comments overnight. >> why didn't president obama bring that up? what would you have said if he did bring it up? >> clearly, in a campaign with hundreds, if not thousands of speeches, and question and answer sessions, you're going to say something that didn't come out right. and i said something that's just completely wrong. >> reporter: that was one of the first times we heard romney, in fact, the first time we heard him say he was completely wrong about those comments about the 47%. as far as the obama campaign is concerned, they've acknowledged in the last 24 hours, they have to look at their debate strategy before the next one. >> they know it has to change. >>> now, to the big jobs news. the latest report
the real mitt romney's been running around the country for the last year, promising $5 trillion in tax cuts that favor the wealthy. >> reporter: many supporters asking, why wasn't the president tougher? why no mention of romney and his comments about the 47%? the people romney said he could never convince to take personal responsibility. romney offering new explanation for those comments overnight. >> why didn't president obama bring that up? what would you have said if he did bring...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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on the middle class and reduce the taxes on the rich. romney took the beginning of that debate and attacked each of the points and demolished them. again, all that came from negative advertising. i think what he did last night is he dissolved $150 million of negative ads and turned them to dust. >> bill: do you have any idea why barack obama didn't mention the 47% comment? >> i was immediately struck by the fact last night in the commentary that's the first -- that's the first thing i mentioned because it was shocking. that is the best weapon that obama and he didn't use it the only possible explanation is that he thought that he is so far ahead he can sit on a lead. he doesn't need to take something that could be dangerous. because, if you get too tough, you are the incumbent, you are ahead and you get tough on the other guy. that he could be seen as negative. it could hurt obama's ora. this cool unflappable guy. that must have been the reasoning because there is no other reason. it makes no sense at all. >> bill: you don't have to do i
on the middle class and reduce the taxes on the rich. romney took the beginning of that debate and attacked each of the points and demolished them. again, all that came from negative advertising. i think what he did last night is he dissolved $150 million of negative ads and turned them to dust. >> bill: do you have any idea why barack obama didn't mention the 47% comment? >> i was immediately struck by the fact last night in the commentary that's the first -- that's the first thing...
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
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for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the rich to -- and putting burden on the middle class is killing him. >> bret: panel, as always, from different parts of the country, thank you. steve, juan, charles. that's it. but stay tuned for final look ahead from denver as we get ready for this big night tomorrow night. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. droid does. and
for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the...
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this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to his policies -- in spite of his policies. all of the increase in natural gas and oil has happened on privat
this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the...
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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the tax plan he described is the tax plan i was asked to support i would say absolutely not. >> he's been running on this tax plan, and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's planning lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too good? >> reporter: mitt romney spent most of the night attacking the president's record. >> you said you would cut the deficit in half. it's four years later. >> reporter: romney came into the debate trailing in the polls but that could change. >> any time a challenger stands on the stage with a president in the first debate they tend to get some bounce after that. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe romney was the clear winner of this debate. if it was a boxing match it would have been called. >> reporter: a poll shows romney was the overwhelming winner. 46% of the people say ro
the tax plan he described is the tax plan i was asked to support i would say absolutely not. >> he's been running on this tax plan, and now five weeks before the election he's saying that his big bold idea is never mind. >> reporter: the theme of the debate for president obama appeared to be romney's planning lacked specifics. >> the reason that governor romney is keeping all these plans to replace secret because they are too good? >> reporter: mitt romney spent most of...
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he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how you reduce deductions and exemptions, a $25,000 $50,000 limit that any one individual could use. that was specific offered by marty felled stein of harvard as a way to make tax reform work. >> and both of them embraced the simpson-bowles commission and the simpson-bowles commission put out three different tax rates and each rate you will have to do something with the deductions and exemptions, eliminate all of them or retain them and romney says i'm going to drop rates and put all of those deductions and exemptions on the table for negotiation. any serious person in politics knows that's the starting point
he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how...
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what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a math problem. they can't pay for it. if they can't pay for it, then they are going to raise taxes on the middle class. that's what the economic studies have shown. and look, i don't know anybody who thinks we're another tax cut for a millionaire away from a stronger middle class. that's just not how we have built our economy before and it's not how we're going to continue to make our country on the debate moderator to do itill ?e present be >> ihink the debate morato think the president will push back pticularly on some of thes
what about this tax plan. is president obama obligated to supporters to point out to them that this is flawed? what do you think? >> i think the moderators are going e to ask governor romney about a lot of the things that you just talked about. i hope the moderator gives governor romney a chance to do what paul ryan said he didn't have time to do and that is explain how they pay for a $5 trillion tax cut. as you pointed out, ed, it is a time problem that is vexing in this budget. it's a...
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Oct 1, 2012
10/12
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WMAR
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paul ryan, vice presidential nominee preparing for his own debate avoided giving details of the romney tax plan even when he was pressed. >> you haven't given me the math. >> well, i don't have the, it would take me too long to go through all the math. >> reporter: the president is in nevada tonight for what insiders call three days of debate camp at a resort outside of las vegas. they too are trying to lower expectations and believe accounts that the romney campaign is convinced debates are about moments. >> the idea that i am anti-immigrant is repulsive. >> romney will come armed with several one-liners. >> clearly, they have been practicing zirng angers and linr months. that's not what the american people are looking for. >> the president is being coached to be crisper and shorten his answers. the former democratic candidate says mr. obama need to avoid being irritable. >> he has to relax, show a little sense of humor. show why he is lookable. >> reporter: the debate wednesday night is set for 90 minutes and will be entirely on domestic issues. the first half on jobs and the economy. th
paul ryan, vice presidential nominee preparing for his own debate avoided giving details of the romney tax plan even when he was pressed. >> you haven't given me the math. >> well, i don't have the, it would take me too long to go through all the math. >> reporter: the president is in nevada tonight for what insiders call three days of debate camp at a resort outside of las vegas. they too are trying to lower expectations and believe accounts that the romney campaign is...
WHUT (Howard University Television)
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Oct 4, 2012
10/12
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WHUT
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italian police arrested the head of a private tax collection agency. the man suspected of pocketing $130 million his agency gathered for local governments. the italian government is cracking down on tax evasion as a way to reduce its massive debt. police officials say the suspect and four of his employees misappropriated about $100 million euros between 2006 and 2009. the private agency had been commissioned by about 400 pounds to collect taxes. the suspects reportedly spent the money on private jets, yachts, parties and other luxuries. police have seized cash and real estate worth about $11 million. >>> the european union is trying to reach a consensus among its leaders to conclude an economic partnership agreement with japan. the eu administrative body, the european commission, proposed epa negotiations with japan in july. nhk obtained a draft statement, summarizing the summit, schedule ford october 18th and 19th in brusselse brussels. it calls on countries to begin negotiations with japan to conclude the epa. automobile makers in italy, france and g
italian police arrested the head of a private tax collection agency. the man suspected of pocketing $130 million his agency gathered for local governments. the italian government is cracking down on tax evasion as a way to reduce its massive debt. police officials say the suspect and four of his employees misappropriated about $100 million euros between 2006 and 2009. the private agency had been commissioned by about 400 pounds to collect taxes. the suspects reportedly spent the money on...
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Oct 6, 2012
10/12
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WETA
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he proposes a 20% across-the- board tax cut. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in reducing the federal deficit by 2015. what that means is, over time, the analysis shows, $5 billion over the next decade. >> i am sorry, read my lips, we are running short on time. the joe and paul the day. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle-class, who have been very the last four years. how come in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle- class, over the last four years has been "buried." we agree. that means we need to stop digging, by electing a run in next president of the united states. >> what do you think, jonathan? >> you talk to a lot of folks in the romney campaign and is a joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say 10 years or something. it came out wrong. this is fodder for the romney campaign. all not changed, i do not think, in a huge way, the cou
he proposes a 20% across-the- board tax cut. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in reducing the federal deficit by 2015. what that means is, over time, the analysis shows, $5 billion over the next decade. >> i am sorry, read my lips, we are running short on time. the joe and paul the day. >> this is deadly earnest. how they can justify, how they can justify raising taxes on the middle-class, who have been very the last four...
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Oct 3, 2012
10/12
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WJLA
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sentencing today for former county firee's officials pleaded guilty to extortion and tax evasion. he was part of the same e that led tohem of former county executive jack johnson. he admitted to partnering with bribe developers to public officials for favors to the greenbelt station development projects. police investigating the stabbing death of a man in last night near intersection of 30 oates street and naylor road. clear, the motive, but no one has been arrested. residents are urged to boil water after major. the alert waseaks after a 12-inch main connecting storage tank and the water plant broke. has now been fixed. the alert will remain in effect until virginia officials can test the samples of the water. process should be done by midday tomorrow. bouys hopes someone will man robbing a dry cleaner in northwest d.c. armed robbery happened last in the 1300 block of florida avenue. man entered the store around , displayed a gun, and took off with cash. if you have information, contact d.c. police. >> the washington redskins getting involved in the fight expand gambling in maryl
sentencing today for former county firee's officials pleaded guilty to extortion and tax evasion. he was part of the same e that led tohem of former county executive jack johnson. he admitted to partnering with bribe developers to public officials for favors to the greenbelt station development projects. police investigating the stabbing death of a man in last night near intersection of 30 oates street and naylor road. clear, the motive, but no one has been arrested. residents are urged to boil...
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Oct 1, 2012
10/12
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WUSA
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their taxes to offset the tax which brings their trucks in line with restaurants. >>> family guy creator seth mcfarland will host the oscars. he says he's honored and hopes the academy doesn't find out he was master of ceremonies for the roast of charlie sheen. the 2012 acme awards will air -- academy awards will air on february 24th. >> saw that roast with charlie sheen, very funny, a little raunchy but pretty funny. >> 72 was the high, light showers in the metro area, that's kind of the bad news. the good news is we have light showers, nothing heavy for the metro area. october 1st is what, anita? >> it's the start of breast cancer awareness, also domestic violence. there's a lot of awareness months right now. >> let me show you the live shot outside, our live weather cam brought to you by michael and son. >> beautiful, the white house in pink. >> 66 right now, light showers, dew point 53. the temps going down, dew point coming up to meet it, winds out of the west, northwest now at 5 miles an hour. satellite picture radar combined, this is going to be the main focus of the heavy activit
their taxes to offset the tax which brings their trucks in line with restaurants. >>> family guy creator seth mcfarland will host the oscars. he says he's honored and hopes the academy doesn't find out he was master of ceremonies for the roast of charlie sheen. the 2012 acme awards will air -- academy awards will air on february 24th. >> saw that roast with charlie sheen, very funny, a little raunchy but pretty funny. >> 72 was the high, light showers in the metro area,...
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they've been going back and forth delivering a lot of tax on the economy. the big question is you will see those great one-line jabs from either candidate. they can be great but they can also backfire. it depends on the body language and reaction. a lot of lot of the political analysts are going to be looking for those. -- >> catch abc news special coverage of the debate starting 6:00 tonight and after the debate catch the middle 8:00, neighbors 8:30 jeopardy 9:00. 9:30 wheel of fortune, katie at 10, breaking news as it happens on abc7 news at 11. >>> i get in my car and i see it is 70°. i started to wonder is it going to be cooler today? >> mike has the answer. >>> tricky forecast. timing of when the sea breeze is going to come in and start to cool us, about noon at the coast and start to filter into the bay during the afternoon. air mass is moving east that's when -- one of reasons why it is not going to be warm everywhere. we are still clear, still under high pressure visibility nearly unlimited everywhere. calm conditions winds out of of the west at sf
they've been going back and forth delivering a lot of tax on the economy. the big question is you will see those great one-line jabs from either candidate. they can be great but they can also backfire. it depends on the body language and reaction. a lot of lot of the political analysts are going to be looking for those. -- >> catch abc news special coverage of the debate starting 6:00 tonight and after the debate catch the middle 8:00, neighbors 8:30 jeopardy 9:00. 9:30 wheel of fortune,...